The stock plunge probe committee chairman, Khondker Ibrahim Khaled, on Sunday said that they have found a number of unethical practices during the investigation but those could not be termed illegal under the current legal framework.
‘The questionable practices we have found were void of morality but were not illegal,’ he told reporters after meetings with the executive directors of the Securities and Exchange Commission.
‘We will point out the unethical issues regarding the findings in our report,’ he added.
Ibrahim Khaled also said that the four-member committee would revise the market data from 2009 to January 2011.
‘We are mostly focusing on the data of 2010. Some of the background data we would pick from the records of 2009,’ he said.
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